Spiegel Sticks with ‘Project Runway’ Star

Followers of bankruptcy, reality television and moderately priced catalogue-to-Internet women’s fashion, have no fear; Spiegel is staying “fierce.”

The brand, one of a trio owned by Signature Styles LLC, was close to severing its ties with Christian Siriano, the “Project Runway” wunderkind known as much for his style as for his catch phrase. The day after the Patriarch Partners-controlled retail company filed for bankruptcy, it sought to reject several executory contracts, including one for Siriano’s design services.

But Siriano “informally responded” to the request, according to court papers, leading to discussions and a stipulation that passed the bankruptcy court’s muster on Thursday. Signature Styles is now set to assume the Siriano contract instead and pay the designer $42,500 to cure all defaults. The term of the contract has been extended through Dec. 31, according to court papers.

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